Ghana stocks continue decline

The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, slipped for the second session in a row down 1.24 points to 1,049.11 points from 1,050.35 points.

The year-to-date now stands at 4.91 per cent.

The GSE-Financial Stocks Index (GSE-FSI), which tracks the performance of listed financial stocks, also fell 0.47 points to 1,041.54 points from 1,042.01 points with a year-to-date change of 4.15 per cent.

There were four price changes, equally shared between the gainers and the decliners.

Standard Chartered bank gained GH¢0.07 to GH¢46.75 Benso Oil Palm Plantation was better with GH¢0.01 at GH¢0.82.

Losers include UT Bank fell GH¢0.01 to GH¢0.26 and Produce Buying Company shed GH¢0.01 at GH¢0.17.

Market Capitalization closed the session down at GH¢20,285.05 from GH¢20,291.17 million at the previous close.

A total of 490,454 shares were traded, valued at GH¢684,453.05.

Source: GNA